Published: Mar 14, 2024

R2R Unleashed: The Path to the Touchless Close Chapter 3


This taut and pithy 3-part series looks at how SAP organizations are moving to a touchless close. In Chapter 3, Susie West interviews Shak Akhtar, General Manager of Finance Automation at Redwood on Tackling Accruals, Provisions, and Reclassifications:

- How significant are the challenges around accruals, provisions, and reclassifications?

- What are the risks of not addressing them?

- In automating these complex areas, how does Redwood's solution differ from others?

- What is the impact of automating these areas on overall financial operations, such as improved decision-making, reduced close time, and increased staff satisfaction?

- How did Allianz reduce R2R processes by 86%, decreasing manual steps by 75%?

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